Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Epstein Files Brings Down DP World Boss

Epstein Files Brings Down DP World Boss

Port Attack Near Odesa Kills Three Brothers

Port Attack Near Odesa Kills Three Brothers

India OKs Ag Exports to Placate Farmers

India OKs Ag Exports to Placate Farmers

$1.2B Invested in German Terminal Upgrade

Subscribe for Maritime Logistics Professional E‑News

FAA lifts restrictions on airspace over southern New Mexico
Enbridge exceeds profit expectations, sanctions new projects to meet energy demand
FAA: US airlines must certify that they use merit-based hiring to hire pilots